Dutch banks have a total €102bn in outstanding loans in Ireland, Portugal, Spain and Italy, finance minister Jan Kees de Jager said in a briefing note to MPs.

Pension funds and insurance companies have a further ‘several tens of billions of euros’ in these countries, De Jager said.
De Jager has warned repeatedly that failure to support Greece could have a knock-on effect in other weaker EU countries where Dutch institutions have greater exposure.
Earlier this month, the Volkskrant said only ING and ABN Amro have significant exposure to Greece. ING has €1.4bn in Greek government bonds while ABN Amro has a similar amount invested in credit to state-owned companies such as the Greek railways.